STMicroelectronics Announces new Organization

STMicroelectronics moves from three to two product groups, AMPS and MDRF. The Analog, Power & Discrete, MEMS and Sensors Group (APMS) will be led by Marco Cassis, ST President and member of the Executive Committee, and the Microcontrollers, Digital ICs and RF products group (MDRF) will be led by Remi El-Ouazzane, ST President and member of the Executive Committee. The APMS Product Group will include all ST analog products, including Smart Power solutions for automotive as well as all ST Power & Discrete product lines including Silicon Carbide products complemented by MEMS and Sensors. APMS will include two Reportable Segments: Analog products, MEMS and Sensors (AM&S); Power and discrete products (P&D). The MDRF Product Group will include all ST digital ICs and microcontrollers, including automotive microcontrollers but also RF, ADAS, Infotainment ICs. MDRF will include two Reportable Segments: Microcontrollers (MCU) as well as Digital ICs and RF Products (D&RF). Concurrent with this new organization Marco Monti, ST President of the former Automotive and Discrete Product Group, will leave the company. To complement the existing Sales & Marketing organization, a new application marketing organization by end market will be implemented across all ST Regions. This will provide ST customers with end-to-end system solutions based on the company's product and technology portfolio. The application marketing organization will cover the following four end markets: Automotive / Industrial Power and Energy / Industrial Automation, IoT and AI / Personal Electronics, Communication Equipment and Computer Peripherals. The current regional Sales & Marketing organization remains unchanged.

STMicroelectronics